Region 7 Free Webinar: Title of Presentation Revenue Opportunities in Your Uncollectible Bad Debt November 16 , 2021 11:30-12:30 (CST) Register in advance for this webinar: Register Here
Description Brief outline of the presentation In this presentation, Nick McLaughlin explores the revenue opportunities that exist in patient balances that hospitals spend a lot of money to collect, but rarely do. By reducing the financial burden of care on a hospital's Financial Assistance-eligible population, they can enjoy many benefits besides alleviating that burden on their low-income patients. These benefits include: better health outcomes for their patients, higher patient volumes and insurance reimbursement, a more loyal patient-base, higher Medicaid and DSH reimbursement, and more accurate patient liability estimates.
Description of the goal(s) of the presentation: To discuss the opportunity to leverage a hospital's Financial Assistance/Charity Care program to help patients and drive positive financial outcomes for the hospital.
Learning objectives: 1. Learn how to reduce the financial burden of care on indigent patients to improve health outcomes and increase reimbursement. 2. Learn how leveraging your Financial Assistance Program to engage indigent patients can improve Medicaid and DSH reimbursement. 3. Learn how Financial Assistance plays into consumerism and price transparency, can improve the accuracy of patient liability estimates, and how to use it to increase market share. Target Audience Revenue Cycle, Patient Access, Patient Financial Services
Presented by Nick McLaughlin with Hospital Financial Assistance, LLC